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Novo vs Mercury Comparison

Last updated:

Novo

Starting at Contact for pricing

  • Large Enterprises
  • Medium Business

"Novo is revolutionizing the world of business banking with its cutting-edge platform tailor-made for today's fast-paced companies. Powered by a reliable network of FDIC-insured community banks, Novo offers top-of-the-li…

Mercury

Starting at Contact for pricing

  • Large Enterprises
  • Medium Business

.Mercury, an advanced banking tool tailored for startups and small businesses, empowers them to flourish. With the capability to open FDIC-insured bank accounts, access APIs, manage teams, and obtain virtual cards, this…

Novo vs Mercury — at a glance

FeatureNovoMercury
Rating
Reviews
Starting priceContact for pricingContact for pricing
Free trial No No
Free version No No
Best forLarge Enterprises, Medium Business, Small BusinessLarge Enterprises, Medium Business, Small Business
CategoryDigital Banking PlatformsSaaS Spend Management Software
PlatformsMobile - iOSSaaS/Web/Cloud
APIAvailable
Support modesBusiness Hours, OnlineOnline
CertificationsSOC 2SOC 2, GDPR
Data residencyUSUS

Key differences between Novo and Mercury

  • Deployment: Novo supports Mobile - iOS; Mercury supports SaaS/Web/Cloud.

Novo vs Mercury — find the better fit before you commit.

01

Which tool fits your team best

02

Which is actually cheaper for your team size

03

Where each product wins, per real buyers

Most Digital Banking Platforms tools look identical on paper. This comparison cuts to the differences that matter — pricing structure, team fit, and what real buyers found after signing up.

Novo - New SaaS Software
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Mercury - New SaaS Software
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Biggest differences

Start here before you go deeper into features.

Novo

Best for

Large Enterprises, Medium Business, Small Business

Mercury

Best for startups needing simple, API-enabled banking with virtual cards.

Choose if
  • You are a startup or small business seeking quick, easy FDIC-insured account setup.
  • You want real-time cash flow analytics and runway estimates to manage finances.
  • You require API access to automate banking and integrate with your workflows.
Consider alternatives if
  • You are a large enterprise with complex banking needs and legacy system integrations.
  • You need transparent, detailed pricing information and extensive user feedback.

Novo typically suits Large Enterprises and Medium Business. Mercury tends to fit Large Enterprises and Medium Business better. The right choice depends on your team size, workflow, and whether a free trial matters.

Description

"Novo is revolutionizing the world of business banking with its cutting-edge platform tailor-made for today's fast-paced companies. Powered by a reliable network of FDIC-insured community ... Read More about Novo

.Mercury, an advanced banking tool tailored for startups and small businesses, empowers them to flourish. With the capability to open FDIC-insured bank accounts, access APIs, manage teams, ... Read More about Mercury

Free Trial Availability

  • No free trial
  • No free trial

Best Company Size

1-50 employees51-500 employees
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Get pricing help

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How do Novo and Mercury Compare on Features?

Total Features

4 Features

4 Features

Unique Features

No unique features

No unique features

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Get Quote

Compare Novo and Mercury on pricing

Review starting price, plan structure, and free-trial access side by side so you can see which option fits your budget and buying process.

Pricing Option

      Pricing Plans

      • Not Available
      • Not Available

      Pricing Page

      Novo pricing
      Mercury pricing

      Other Details

      Organization Types supported

      • Large Enterprises
      • Medium Business
      • Small Business
      • Large Enterprises
      • Medium Business
      • Small Business

      Platforms Supported

      • Browser Based (Cloud)
      • Mobile - Android
      • Browser Based (Cloud)
      • Browser Based (Cloud)
      • Mobile - Android
      • Browser Based (Cloud)

      Modes of support

      • 24/7 (Live rep)
      • Business Hours
      • Online
      • 24/7 (Live rep)
      • Business Hours
      • Online

      API Support

      • Available
      • Not Available
      Get help choosing
      Get help choosing

      Security & Compliance

      Certifications, data handling, and security controls for IT and compliance evaluators.

      SOC 2

      ✓ Yes
      ✓ Yes

      HIPAA

      ✗ No
      ✗ No

      GDPR

      ✓ Yes

      Single Sign-On (SSO)

      ✓ Yes

      Multi-Factor Auth (MFA)

      ✓ Yes

      Data Encryption

      ✓ Yes
      ✓ Yes

      Audit Logs

      ✓ Yes

      Data Residency

      🇺🇸 US
      🇺🇸 US

      Media and Screenshots

      Screenshots

      No screenshots available.

      1 Screenshots

      Top Alternatives to Novo and Mercury in 2026

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      Related Blogs and Articles for Saas Spend Management Software

      Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].

      Frequently asked questions

      Which is better, Novo or Mercury?
      Novo and Mercury are closely matched with equal user ratings of -1.0. The right choice depends on your team size, budget, and specific SaaS Spend Management Software needs.
      Do Novo and Mercury offer a free trial?
      Neither Novo nor Mercury currently lists a free trial.
      What is the starting price of Novo vs Mercury?
      Novo starts at Contact for pricing. Mercury starts at Contact for pricing.
      What are the top alternatives to Novo?
      Top alternatives to Novo include Airbank, Qualified, Workvivo, Nordigen, GoSolo.
      What are the top alternatives to Mercury?
      Top alternatives to Mercury include Airbank, GoSolo, Rebank, Flanks, Railsbank.

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